maybe they assurme this counter can't sustain for upcoming quarters coz now ringgit is become strong now...hurm,,,my opinion only,,,stock market is leading indicator
Be xtra careful when trading in furniture related counters when the economy is gloomy.. uncertain.. expecially when ringgit too is recovering. Gudluck everyone..
First ringgit strengthening which I believe it is just temporary. Oil is still volatile with so much uncertainties floating around. China which is Malaysia's second biggest trading partner is slowing down. I guess it is more like a short term trading based on recent news like Najib's case is officially closed, TPPA and his revised budget 2016.
buy after next trading day (next tuesday), because when people will have seen it a huge drop after today's working hours, next tuesday another round of going down.
fun to read how ppls reacted to selling stocks that are down trending. Bull market sifu's even condemned those that ask ppls to sell and say they are bad karma. How is it bad karma to ask ppls to lock in profits instead of seeing your stocks price go down while hoping everyday that it will go back up tomorrow?... : )
Those Bull market sifu's did not buy homeriz, thts why I say it here instead in Hevea or pohuat thread.
Get real guys, when price go down just sell. I owned Homeriz before and I will own it in future when the price is right. but, Intrinsic value of 1.06 does not gives me much Margin of safety if I buy it now.
I bet USD will fall and crude oil in return will go back up. Good luck fellow owners of homeriz.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Khaw Seek Chuan
130 posts
Posted by Khaw Seek Chuan > 2016-01-29 11:43 | Report Abuse
The quarter result is so good.